The English center of finance and business — Throgmorton Street — was named for Sir Nicholas Throgmorton (1515-1571), head of the Warwickshire family and ambassador to France and Scotland in the reign of Elizabeth I. The stock exchange is situated there, making it for England what Wall Street is to the United States.
No one knew when the street was named that it would become a hallmark of finance and that the character of the operations on Throgmorton Street would be of the highest legitimate order. If crystal balls could have predicted its legitimacy, another name might have been selected because Mr. Throgmorton was not free from criminal intrigue. He was a devious character who served two stretches in the Tower, once for alleged complicity in the Wyatt Rebellion, and the second for a spirited plot to become a matchmaker — to marry Mary, Queen of Scots, to the Duke of Norfolk.
The center of finance in the United States had no such aristocratic inheritance. Wall Street was named after an old wall built in 1653 by Peter Stuyvesant across lower Manhattan to protect the Dutch colonists. At that time the wall was the most northern boundary of the city.